Abbreviated Company Accounts - AS SYSCON LIMITED

08434279 AS SYSCON LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 08434279 2014-04-01 2015-03-31 08434279 2015-03-31 08434279 2014-03-31 08434279 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 08434279 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:Director3 2014-04-01 2015-03-31 uk-gaap-cd-bus:Director3 2015-03-31 uk-gaap-cd-bus:Director3 2014-03-31 uk-gaap-cd-bus:Director4 2014-04-01 2015-03-31 uk-gaap-cd-bus:Director4 2015-03-31 uk-gaap-cd-bus:Director4 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 08434279

AS SYSCON LIMITED

Abbreviated Accounts

31 March 2015

AS SYSCON LIMITED Registered Number 08434279

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	297	509
		297	509
Current assets
Debtors		4,296	6,563
Cash at bank and in hand		17,597	167
		21,893	6,730
Creditors: amounts falling due within one year		(21,944)	(7,041)
Net current assets (liabilities)		(51)	(311)
Total assets less current liabilities		246	198
Total net assets (liabilities)		246	198
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		146	98
Shareholders' funds		246	198

For the year ending 31 March 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 21 December 2015

And signed on their behalf by:
Mr A Strange, Director

AS SYSCON LIMITED Registered Number 08434279

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Tangible assets depreciation policy
All fixed assets are initially recorded at cost.

Depreciation
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Fixtures & Fittings - 25% - 33.33% straight line

Other accounting policies
Financial Instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

2Tangible fixed assets

	£
Cost
At 1 April 2014	634
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	634
Depreciation
At 1 April 2014	125
Charge for the year	212
On disposals	-
At 31 March 2015	337
Net book values
At 31 March 2015	297
At 31 March 2014	509

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100

4Transactions with directors

Name of director receiving advance or credit:	Mr A Strange
Description of the transaction:	The following loan to Mr A Strange
Balance at 1 April 2014:	£ 3,280
Advances or credits made:	-
Advances or credits repaid:	£ 3,280
Balance at 31 March 2015:	£ 0

Name of director receiving advance or credit:	Mr A Strange
Description of the transaction:	The following loan from Mr A Strange
Balance at 1 April 2014:	-
Advances or credits made:	£ 13,815
Advances or credits repaid:	-
Balance at 31 March 2015:	£ 13,815